Source: Eagles releasing safety Kevin Byard to gain cap space

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The Eagles are releasing safety Kevin Byard, a source told ESPN's Adam Schefter, in a move that will free up significant draft capital.

Byard was scheduled to make a base salary of just under $10 million in 2024 with a $4 million roster bonus. By releasing him, the Eagles are schedule to free up an additional $13.7 million in cap space as they enter free agency. Prior to the move, they were projected to have around $30 million in space available.

The Eagles are releasing safety Kevin Byard, who they acquired from the Tennessee Titans in 2023.The Eagles acquired Byard from the Titans last October in exchange for a fifth-round pick and a sixth-round pick in the 2024…